Articles

CPC is wrongly charging interest under Section 234B on ITR-U beyond the filing date, causing illegal demands and unnecessary harassment of genuine taxpayers.

CPC Wrongly Levies Section 234B Interest Demand on ITR-U Filers, Causing Unjust Taxpayer Harassment

News

The Income Tax Department erroneously issues Form 29B notices to non-MAT companies, causing undue compliance pressure just before the ITR deadline.

Erroneous Form 29B Demand Notices: System Glitch Triggers MAT Notices for Non-MAT Companies

Comprehensive guide on updated e-filing utilities, schemas, and change documents for key forms and ITRs.

Updated Forms and Utilities for ITR Filing in AY 2025-26: Every Taxpayers Must Know

Judgement

Cross appeals on estimation of profit from alleged bogus purchases – consistency with earlier years upheld

Bogus Purchases: ITAT Restricts Addition to 5% Following Consistency Principle

ITAT held that subsidy for promoting renewable energy projects is not deductible from asset cost for depreciation in AY 2014-15, deleting the Rs. 72.90 lakh disallowance.

ITAT: Renewable Energy Capital Subsidy Not to Reduce Asset Cost for Depreciation in AY 2014-15

ITAT Delhi: Section 14A Disallowance Cannot Exceed Exempt Income; Support Service Disallowance Remanded

ITAT: Section 14A Disallowance Cannot Exceed Exempt Income; Ad-hoc 25% Disallowance Remanded Back

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